Business news

• Trump refuses to be outdone by Europe, signing his own U.S.-India trade deal - The U.S. deal comes after global trading partners have been signing trade pacts, leaving America looking ostracized and more isolated.
• PepsiCo earnings beat estimates as drinks sales pick up around the world - PepsiCo reported fourth-quarter earnings and revenue that topped Wall Street's estimates.
• Palantir surges 10% after beating earnings estimates. Here's what's happening - The rise comes on the back of months of decline for the stock.
• Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile - The moves come shortly after President Donald Trump announced the establishment of a U.S. critical mineral reserve.
• Elon Musk has lauded the 'social media for AI agents' platform Moltbook as a bold step for AI. Others are skeptical - Elon Musk said the platform was the "very early stages of singularity" but others are more skeptical
• Nintendo keeps its full-year sales guidance as Switch 2 momentum continues - Investors are weighing the impact of rising memory prices and the strength of Nintendo’s games pipeline ahead of the Switch 2.
• India's Nifty 50 skyrockets 5% as U.S.-India trade deal turbocharges stocks - U.S. President Donald Trump on Monday stateside said that U.S. will cut reciprocal tariff on India to 18% from 25%.
• Australia raises rates for first time since late 2023 as inflation hits six-quarter high - This comes as the country sees its highest level of inflation in six quarters.
• Gold and silver rebound after historic wipeout as analysts say thematic drivers stay intact - Gold and silver prices rebounded after suffering a historic selloff, with analysts suggesting that the recent violent correction was more a positioning reset.
• 'GameStop in 2026': How silver market has morphed into meme trading - Silver's rapid surge and equally dramatic reversal ignited questions among investors: when does an asset start behaving like a meme?